Brookfield India Real Estate Trust

Brookfield India Real Estate Trust

₹ 269 1.28%
03 Jul - close price
About

Brookfield India Real Estate Trust REIT is an India-based commercial real estate vehicle. The investment trust's portfolio consists of campus-format office parks. Its commercial assets are located in Mumbai, Gurgaon, Noida and Kolkata.[1]

Key Points

Asset Portfolio
As per FY21, the investment trust owns 4 office parks with total leasable area of ~14 million sq. ft. in gateway cities i.e. Gurugram, Noida, Kolkata and Mumbai.[1] The assets include :-
1. Candor Techspace G2 (Gurugram)
2. Candor Techspace N1 (Noida)
3. Candor Techspace K1 (Kolkata)
4. Nensington (Mumbai).[2]

  • Market Cap 12,929 Cr.
  • Current Price 269
  • High / Low 272 / 231
  • Stock P/E 43.3
  • Book Value 250
  • Dividend Yield %
  • ROCE 3.23 %
  • ROE 3.02 %
  • Face Value

Pros

  • Company is almost debt free.
  • Stock is trading at 1.08 times its book value
  • Company has been maintaining a healthy dividend payout of 182%
  • Company's working capital requirements have reduced from 49.6 days to 28.7 days

Cons

  • Tax rate seems low
  • Company has a low return on equity of 3.79% over last 3 years.
  • Promoter holding has decreased over last 3 years: -10.5%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
72 129 118 116 107 88 87 84 77 75 97 111 106
8 5 4 4 4 4 7 7 4 4 48 5 6
Operating Profit 65 124 114 113 103 83 80 78 73 71 49 105 101
OPM % 89% 96% 97% 97% 96% 95% 92% 92% 94% 95% 51% 95% 95%
0 0 0 0 0 0 0 0 38 0 0 0 5
Interest 0 0 0 0 0 0 0 0 0 0 7 14 14
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 65 124 114 113 103 83 80 78 111 71 43 91 92
Tax % 0% 0% 0% 0% 0% 1% 0% 0% 11% 1% -13% 1% 2%
65 124 114 112 102 83 80 77 99 70 48 90 89
EPS in Rs 2.13 4.09 3.77 3.71 3.05 2.48 2.38 2.30 2.95 2.10 1.10 2.06 2.04
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
957 0 436 327 389
363 10 17 19 58
Operating Profit 594 -10 419 307 331
OPM % 62% 87% 96% 94% 85%
274 72 35 44 0
Interest 714 0 0 0 34
Depreciation 112 0 0 0 0
Profit before tax 41 63 454 352 297
Tax % 64% 0% 0% 4% -0%
15 63 452 339 298
EPS in Rs 2.07 13.50 10.11 6.80
Dividend Payout % 0% 0% 149% 175% 220%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 68%
TTM: -2%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 0%
1 Year: 1%
Return on Equity
10 Years: %
5 Years: %
3 Years: 4%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 65 8,177 8,987 8,656 10,910
Reserves -2,285 63 139 128 71
6,922 0 0 0 728
673 134 5 19 18
Total Liabilities 5,376 8,374 9,131 8,803 11,729
4,517 0 0 0 0
CWIP 0 0 0 0 0
Investments 0 4,504 6,297 6,332 9,537
858 3,870 2,834 2,471 2,191
Total Assets 5,376 8,374 9,131 8,803 11,729

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
532 -1 -26 -28 -15
98 -3,610 185 701 -2,108
-436 3,773 -144 -681 2,194
Net Cash Flow 194 162 14 -7 71

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 17 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 17 0 0 0
Working Capital Days -163 50 70 29
ROCE % 1% 5% 4%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents